Boundary Raises $22 Million for Network Monitoring Expansion
Network monitoring and management services company Boundary has raised $22 million in its latest funding round.
The funding round was led by Adams Street Partners and included new investor Triangle Peak Partners and existing investors Lightspeed Venture Partners and Scale Venture Partners. Boundary has raised $41 million since its launch in January 2011.
The company currently has 120 customers using its services and its software handles over 15 terabytes of data on their behalf. Typical clients will pay between $30,000 and $150,000 per year for its monitoring technology.